2025-06-12T15:03:15-05:00 2024-12-31 510218897 HORTY & HORTY PA 503 CARR ROAD STE 120 WILMINGTON DE 19809 990 2024-01-01 510072431 THE DELAWARE STATE FAIR INC DELA 3023983269 PO BOX 28 HARRINGTON DE 19952 R RONALD DRAPER PRESIDENT 3023983269 2025-06-04 1 0 DOUGLAS R PHILLIPS P00068641 3026524194 2025-06-04 2024 2025-03-06 01:10:19Z R RONALD DRAPER PO BOX 28 HARRINGTON DE 19952 15035134 0 X WWW.DELAWARESTATEFAIR.COM X 1920 DE THE MISSION OF THE DELAWARE STATE FAIR, INC. FOCUSES ON THE PRESERVATION OF THE PAST, PROMOTION OF THE PRESENT, AND EDUCATION IN THE FUTURE, OF AGRICULTURE, HORTICULTURE, MECHANICAL ARTS, AND RURAL AND DOMESTIC ECONOMY. 76 71 517 150 713354 0 1161561 842742 7104892 7243868 1057183 1958559 1516882 1592884 10840518 11638053 0 0 0 0 2790221 2895127 0 0 0 6335671 7186962 9125892 10082089 1714626 1555964 40479711 43165096 1664701 2039372 38815010 41125724 THE MISSION OF THE DELAWARE STATE FAIR, INC. FOCUSES ON THE PRESERVATION OF THE PAST, PROMOTION OF THE PRESENT, AND EDUCATION IN THE FUTURE, OF AGRICULTURE, HORTICULTURE, MECHANICAL ARTS, AND RURAL AND DOMESTIC ECONOMY. 0 0 9592134 9679495 ORGANIZE AND OPERATE THE DELAWARE STATE FAIR 9592134 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 88 0 517 1 1 1 0 0 0 0 0 0 0 0 0 X 76 71 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE DELAWARE STATE FAIR INC 3023983269 PO BOX 28 HARRINGTON DE 199520028 WILLIAM G JESTER DIRECTOR 1.00 X 0 0 0 WILLIAM COULTER PASSWATERS DIRECTOR 0.00 X 0 0 0 W LEROY BETTS EXECUTIVE BOARD 1.00 1.00 X 0 0 0 TODD LAWSON DIRECTOR 0.00 X 0 0 0 TIMOTHY C MALONEY JR DIRECTOR 0.00 X 0 0 0 TERRY PEPPER DIRECTOR 0.00 X 0 0 0 SUSAN TRUEHART GAREY DIRECTOR 0.00 X 0 0 0 SHELLY W SIMPSON DIRECTOR 0.00 X 0 0 0 SHANTE HASTINGS DIRECTOR 0.00 X 0 0 0 SAMANTHA BW STEELE DIRECTOR 0.00 X 0 0 0 RUTHI ADAMS-JOSEPH DIRECTOR 0.00 X 0 0 0 RUSSELL NEAL DIRECTOR 0.00 X 0 0 0 RONALD W JARRELL DIRECTOR 0.00 X 0 0 0 ROGER MARINO DIRECTOR 0.00 X 0 0 0 ROBERT TAYLOR DIRECTOR 0.00 X 0 0 0 ROBERT G BRODE DIRECTOR 0.00 X 0 0 0 ROBERT F RIDER JR DIRECTOR 0.00 X 0 0 0 ROBERT BOOK DIRECTOR 0.00 X 0 0 0 ROBERT A KILLEN DIRECTOR 0.00 X 0 0 0 R RONALD DRAPER PRESIDENT 1.00 1.00 X X 0 0 0 R BRUCE BETTS DIRECTOR 0.00 X 0 0 0 PENI WARREN EXECUTIVE BOARD 0.00 X 0 0 0 NIKKI MOWBRAY DIRECTOR 0.00 X 0 0 0 MICHAEL WASYLKOWSKI DIRECTOR 0.00 X 0 0 0 MICHAEL SCUSE DIRECTOR 0.00 X 0 0 0 MICHAEL J PETIT DE MANGE DIRECTOR 0.00 X 0 0 0 MARK BREEDING 4TH VICE PRESIDENT 1.00 X X 0 0 0 MARIAN HANDLIN DIRECTOR 0.00 X 0 0 0 L AARON CHAFFINCH DIRECTOR 0.00 X 0 0 0 KRISTIN COOK DIRECTOR 0.00 X 0 0 0 KENNETH S CLARK JR 1ST VICE PRESIDENT 1.00 X X 0 0 0 KENNETH L MCDOWELL DIRECTOR 1.00 1.00 X 0 0 0 KAREN HUTCHISON DIRECTOR 0.00 X 0 0 0 KAITLIN ROGERS DIRECTOR 0.00 X 0 0 0 JOSEF A BURGER EXECUTIVE BOARD 1.00 1.00 X 0 0 0 JOHN W HICKEY DIRECTOR 0.00 X 0 0 0 JOHN W HENDRICKS DIRECTOR 0.00 X 0 0 0 JOHN M CURTIS JR DIRECTOR 0.00 X 0 0 0 JOHN D HUKILL HONORARY DIRECTOR 0.00 X 0 0 0 JIMMY D WARREN DIRECTOR 0.00 X 0 0 0 JESSE VANDERWENDE DIRECTOR 0.00 X 0 0 0 JEFF CHAMBERS DIRECTOR 0.00 X 0 0 0 JEANIE T DELEO 3RD VICE PRESIDENT 1.00 X X 0 0 0 JASON HALL DIRECTOR 0.00 X 0 0 0 JAMES W MESSICK II DIRECTOR 0.00 X 0 0 0 JAMES W MESSICK EXECUTIVE BOARD 1.00 1.00 X 0 0 0 JAMES M SATTERFIELD IV DIRECTOR 0.00 X 0 0 0 JAMES L CROTHERS HONORARY DIRECTOR 0.00 X 0 0 0 JACOB BLACKSTEN DIRECTOR 0.00 X 0 0 0 J WILLIAM ANDREW EXECUTIVE BOARD 1.00 1.00 X 0 0 0 HARVEY R KENTON JR 2ND VICE PRESIDENT 1.00 X X 0 0 0 HARRY E RAUGHLEY EXECUTIVE BOARD 0.00 X 0 0 0 HAROLD K BRODE DIRECTOR 0.00 X 0 0 0 H WESLEY TOWERS JR DIRECTOR 0.00 X 0 0 0 GEORGE LUFF EXECUTIVE BOARD 1.00 X 0 0 0 G ROBERT MOORE JR EXECUTIVE BOARD 0.00 X 0 0 0 F GARY SIMPSON EXECUTIVE BOARD 0.00 X 0 0 0 ELIZABETH MORRIS DIRECTOR 0.00 X 0 0 0 ELAINE ZEITLER WEBB DIRECTOR 0.00 X 0 0 0 DONNA MOWBRAY DIRECTOR 0.00 X 0 0 0 DONALD R MCLAMB JR EXECUTIVE BOARD 1.00 X 0 0 0 DONALD BULLOCK DIRECTOR 0.00 X 0 0 0 DENIS P SHAFFER EXECUTIVE BOARD 0.00 X 0 0 0 DELBERT C CAIN HONORARY DIRECTOR 0.00 X 0 0 0 DEBORAH VANDERWENDE DIRECTOR 0.00 X 0 0 0 DAVID L WILSON DIRECTOR 0.00 X 0 0 0 DAVID G JONES DIRECTOR 0.00 X 0 0 0 CHRISTOPHER SCUSE EXECUTIVE BOARD 0.00 X 0 0 0 C DOUGLAS CROUSE TREASURER 5.00 X X 2000 0 0 BRIAN C SOMERS DIRECTOR 0.00 X 0 0 0 BRENT M ADAMS JR DIRECTOR 0.00 X 0 0 0 BETHANY ORTON DIRECTOR 0.00 X 0 0 0 ARTHUR B CAHALL III DIRECTOR 0.00 X 0 0 0 ANTHONY RICHARDSON DIRECTOR 0.00 X 0 0 0 AMY JONES EXECUTIVE BOARD 0.00 X 0 0 0 JOSH BETHARD DIRECTOR 0.00 X 0 0 0 AMANDA SMITH DIRECTOR 0.00 X 0 0 0 LAUREN E RUSKEY DIRECTOR 0.00 X 0 0 0 DANNY R AGUILAR GEN MANAGER/SECRETARY 60.00 X X 171566 0 6863 WILLIAM J DIMONDI FORMER GENERAL MANAGER/SECRETARY 0.00 X 254764 0 0 428330 0 6863 2 1 1 0 ROBERT M HILBERTS INC 1013 CONSHOHOCKEN RD CONSHOHOCKEN PA 19428 CONSTRUCTION 388600 JUAN FIESTA CORP 3310 WEST END AVE STE 400 NASHVILLE TN 37203 ENTERTAINMENT 377114 TURNPIKE TROUBADOURS LLC PO BOX 470205 TULSA OK 74147 ENTERTAINMENT 350000 TRUCKS & PARTS 1799 HORSESHOE PIKE HONEY BROOK PA 19344 EQUIPMENT 274900 JCWD TOURING INC PO BOX 340020 NASHVILLE TN 37203 ENTERTAINMENT 273371 13 204500 638242 842742 GATE AND GRANDSTAND 711310 4164800 4164800 CONCESSIONS 711310 1061190 1061190 CARNIVAL 711310 796533 796533 CENTRE REVENUE 711310 713354 713354 OTHER INCOME 711310 507991 507991 7243868 1729397 1729397 1249779 0 1249779 1249779 1249779 3498439 18648 3280290 7635 218149 11013 229162 229162 452261 109156 343105 343105 11638053 7102781 713354 2979176 428329 406913 21416 1998678 1939382 59296 129894 124008 5886 144091 137433 6658 194135 187863 6272 9792 9792 40415 40415 109667 109667 113210 113210 185723 185723 29296 28054 1242 64879 61644 3235 1310632 1256372 54260 280833 269596 11237 GRANDSTAND/SUPPORT 1925086 1925086 UTILITIES, TRASH, R&M/F 1138907 1100452 38455 FAIR WEEK EXPENSES 1006486 1006486 SAFETY, FEES, AND PROGR 746913 735387 11526 225123 217943 7180 10082089 9592134 489955 0 -1 9704826 10791550 731671 668241 3962 3911 90405 114458 41766548 28111058 13347744 13655490 16363182 17658414 155628 155628 82293 117405 40479711 43165096 550274 543254 1058680 1438131 55747 57987 1664701 2039372 X 38815010 41125724 38815010 41125724 40479711 43165096 X 1555964 730250 24500 X X 0 1 X 1 0 X 994054 4276339 2130492 1161561 842742 9405188 994054 4276339 2130492 1161561 842742 9405188 9405188 961736 975641 1216151 1976323 2529865 7659716 17064904 29641731 0.55110 0.59990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 364182 364182 19418221 9631061 9787160 12428233 10980066 1448167 9403238 7471078 1932160 152674 28853 123821 13655490 RETIREMENT CONTRIBUTION PAYABLE 57387 DEPOSITS 600 57987 X 12501959 730250 24500 754750 11747209 -109156 -109156 11638053 10191245 109156 109156 10082089 0 10082089 PART X, LINE 2: THE FAIR RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. MANAGEMENT HAS EVALUATED THE FAIR'S TAX POSITIONS AND CONCLUDED THAT THE FAIR HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ISSUANCE OF SHARES 24,500. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -109,156. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 109,156. X X 0 0 0 0 0 0 0 0 0 WILLIAM J DIMONDI FORMER GENERAL MANAGER/SECRETARY 254764 0 0 0 0 0 0 0 0 0 254764 0 0 0 DANNY R AGUILAR GEN MANAGER/SECRETARY 171566 0 0 0 0 0 6863 0 0 0 178429 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 R. BRUCE BETTS AND W. LEROY BETTS - FAMILY RELATIONSHIP BRIAN SOMERS AND ELIZABETH MORRIS - FAMILY RELATIONSHIP JAMES W. MESSICK AND JAMES W. MESSICK, II - FAMILY RELATIONSHIP COULTER PASSWATERS AND JOHN HUKILL - FAMILY RELATIONSHIP DEBORAH VANDERWENDE, JESSE VANDERWENDE AND BETHANY ORTON - FAMILY RELATIONSHIP DONNA MOWBRAY AND NIKKI MOWBRAY - FAMILY RELATIONSHIP MICHAEL SCUSE, CHRISTOPHER SCUSE AND GEORGE SCUSE - FAMILY RELATIONSHIP HAROLD BRODE, ROBERT BRODE AND LAUREN MCLAUGHLIN - FAMILY RELATIONSHIP ROBERT KILLEN AND TIMOTHY MALONEY JR - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 AS OF DECEMBER 31, 2024, THE DELAWARE STATE FAIR, INC. HAD APPROXIMATELY 8,500 SHAREHOLDERS. SHARES CAN BE PURCHASED DIRECTLY FROM THE DELAWARE STATE FAIR, INC. FOR THE ESTABLISHED PRICE OF $500/SHARE. A CERTIFICATE IS NOT A SECURITY AND DOES NOT CONVEY ANY EQUITY OR OWNERSHIP INTEREST IN THE DELAWARE STATE FAIR, INC. OR ANY OF ITS ASSETS. A SHAREHOLDER SHALL NOT BE ENTITLED TO ANY DISTRIBUTION OR PORTION OF THE ASSETS OF THE DELAWARE STATE FAIR, INC. UPON ITS DISSOLUTION OR WINDING UP. NO DIVIDEND WILL EVER BE PAID TO THE HOLDER OF A CERTIFICATE. ANNUALLY, SHAREHOLDERS MEET IN ORDER TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A SHAREHOLDERS MEET ANNUALLY TO ELECT THE BOARD OF DIRECTORS. THE BOARD'S NOMINATING COMMITTEE MEETS ONCE OR TWICE PRIOR TO THE ANNUAL SHAREHOLDERS MEETING TO FORMULATE RECOMMENDATIONS FOR NOMINATING A SLATE OF DIRECTORS FOR THE SERVICE DURING THE ENSUING YEAR. THESE NOMINATIONS ADDRESS RE-ELECTION OF SITTING DIRECTORS AS WELL AS ADDRESSING ANY VACANCIES CREATED BY RESIGNATION OR DEATH DURING THE PREVIOUS TWELVE MONTHS. THE NOMINATING COMMITTEE'S RECOMMENDATIONS ARE REPORTED OUT AT THE SHAREHOLDERS MEETING. THE SHAREHOLDERS ACTING AS A QUORUM (BY WAY OF A COMIBINATION OF PERSONAL PRESENCE AND VOTES EXERCISED BY VALIDLY AUTHORIZED PROXIES) ELECT A BOARD. THE NEWLY ELECTED (OR RE-ELECTED) BOARD THEN MEETS AND CONDUCTS AN ANNUAL REORGANIZATION MEETING OF THE BOARD OF DIRECTORS AT WHICH TIME OFFICERS ARE ELECTED TO SERVE FOR THE FOLLOWING TWELVE MONTHS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED AT THE DELAWARE STATE FAIR'S ANNUAL MEETING. FOR THOSE THAT ARE UNABLE TO ATTEND, AN ALTERNATE DATE FOR REVIEW IS ESTABLISHED. FORM 990, PART VI, SECTION B, LINE 12C PURCHASE AND PROCUREMENT PROCESSES ARE MONITORED ON A TRANSACTION LEVEL BASIS FOR COMPLIANCE WITH THE BOARD'S ETHICS AND CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE GENERAL MANAGER PERFORMS ANNUAL REVIEWS OF ALL KEY EMPLOYEES AND REVIEWS SALARY RECOMMENDATIONS WITH THE BOARD'S PERSONNEL COMMITTEE WHICH CONSIDERS COMPARABLE SALARIES FROM WITHIN THE FAIR AND ENTERTAINMENT INDUSTRIES. THE BOARD'S PERSONNEL COMMITTEE REVIEWS THE GENERAL MANAGER IN THE SAME FASHION REFERENCED ABOVE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: ISSUANCE OF SHARES 24,500. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. FORM 4562 THE DELAWARE STATE FAIR, INC., HEREBY ELECTS, PURSUANT TO IRC SEC. 168(K)(2)(D)(III), NOT TO CLAIM THE ADDITIONAL DEPRECIATION ALLOWABLE UNDER IRC SEC. 168(K) FOR ALL QUALIFYING PROPERTY PLACED IN SERVICE DURING THE TAX YEAR ENDING DECEMBER 31, 2024. SEE ATTACHED FORM 4562 HARRINGTON RACEWAY INC 15 WEST RIDER ROAD HARRINGTON DE 19952 510106130 VIDEO LOTTERY/RACING DE N/A C 120403360 0.77000 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 1 0 0 HARRINGTON RACEWAY INC A 633226 HARRINGTON RACEWAY INC Q 297938 HARRINGTON RACEWAY INC P 180537 HARRINGTON RACEWAY INC J 633226 HARRINGTON RACEWAY INC O 93944 HARRINGTON RACEWAY INC F 623123